Oil and Gas Revenue Accounting Expert

6 days ago


Dallas, Texas, United States Phoenix Capital Group Holdings LLC Full time

The Oil and Gas Revenue Specialist position at Phoenix Capital Group Holdings LLC is an exciting opportunity for a detail-oriented individual with a passion for revenue accounting. In this role, you will play a critical part in the accurate and timely processing of revenue transactions, ensuring compliance with industry regulations and company policies.

Job Responsibilities:

  • Revenue Processing: Accurately process and record revenue transactions from oil and gas sales, identifying and rectifying discrepancies as needed.
  • Billing and Reconciliation: Identify and rectify revenue and joint billing discrepancies, reconciling revenue accounts and resolving issues in a timely manner.
  • Data Analysis and Reporting: Conduct detailed analysis of revenue data to identify trends and variances, preparing and distributing monthly revenue reports to management and stakeholders.
  • Compliance and Research: Ensure all revenue accounting activities comply with industry regulations and company policies, conducting research and resolving title issues, suspense accounts, and releasing suspended revenue as necessary.
  • Collaboration and Documentation: Work closely with operators to coordinate interest calculations and requirements, maintaining thorough and accurate documentation of all revenue and transactions.
  • System Maintenance: Assist in maintaining and improving revenue accounting systems and processes.

Requirements:

  • A degree is preferred but not required; however, relevant experience and skills are essential.
  • At least 2-3 years of experience in oil and gas revenue accounting, with knowledge of legal descriptions, land title documents, basic division order concepts, estates, and decimal interests.
  • Familiarity with Microsoft Office Suite (Word, Excel, PowerPoint) and ability to work independently and as part of a team.

Estimated Salary: $80,000 - $110,000 per year, depending on experience and qualifications.



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